金十数据6月9日讯，渣打银行企业及投资银行业务联席全球主管兼东盟及南亚区行政总裁高恕年 （SunilKaushal）日前在上海表示，随着全球贸易格局的变化、对美元替代货币的探索、中资企业对外 投资持续增长等多方因素推动，人民币跨境使用呈现加速增长态势，人民币国际化展现出较强韧性。高 恕年指出，鉴于中国目前在国际贸易中所占的主导地位，人民币自然成为重要的美元替代货币之一，这 也会是一个逐渐的过程。随着人民币国际化程度加深，离岸人民币流动性进一步扩大，人民币跨境使用 呈现加速增长态势。 （新华财经） 渣打高恕年：多方因素助力人民币跨境使用加速增长 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 渣打集團有限公司 呈交日期： 2025年6月9日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 FF305 確認 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | | 02888 | 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | ...

Core Viewpoint - The global investment market in Q3 is characterized by uncertainty, influenced by geopolitical factors and trade policies, presenting both challenges and opportunities for investors [1] Group 1: HSBC Insights - HSBC emphasizes the importance of structural growth in Asia, particularly in China, India, and Singapore, which are expected to mitigate some impacts of the US-China trade war [2] - The bank maintains a diversified investment strategy, adjusting its outlook for US stocks to positive, anticipating a slowdown in economic growth to 1.6% by 2025, while still facing uncertainties [2][3] - HSBC suggests a focus on quality bonds and low-correlation assets, such as gold, to enhance portfolio diversification amid ongoing geopolitical risks [3] Group 2: Standard Chartered Insights - Standard Chartered upgrades its global stock outlook to overweight, citing improved market technical indicators and resilience in economic activity and corporate earnings as key factors [4] - The bank also increases its allocation to US stocks slightly, while emphasizing the importance of diversification across major regions, particularly favoring Chinese stocks due to stimulus measures [4] - Standard Chartered lowers its stance on gold to a core holding, anticipating a period of consolidation, while still finding high-quality bonds attractive in the current yield environment [4] Group 3: OCBC Insights - OCBC highlights that the current weakness of the US dollar is influenced by trade policies, geopolitical factors, and global capital flows, rather than solely by interest rate cuts [5] - The bank advocates for a dynamic asset allocation strategy that increases exposure to safe-haven assets like gold and yen, while also focusing on currencies and equities driven by internal demand in Asia [5] - OCBC notes that some companies are shifting production to ASEAN countries, indicating a transition from simple exports to building local supply and industrial chains [5]

在全球地缘政治复杂多变的背景下，三季度全球投资市场充满了不确定性。近期，汇丰、渣打以及华侨银 行等多家外资机构纷纷发布了对三季度投资的展望。 整体来看，三季度投资市场仍然充满挑战与机遇。多家外资机构的投资策略提到，需要密切关注贸易政策、地 缘政治等因素的变化，采用多元资产和主动策略管理风险，加强投资组合的韧性，在波动中寻找合适的投资机 会。 渣打：关税缓和乘势而上 渣打集团日前发布2025年6月全球市场展望时表示，渣打上调全球股票至超配，并认为，随着美国贸易政策风 险缓和，市场技术指标亦有所改善，而更多贸易协议的达成，以及经济活动数据与公司盈利的相对韧性，是维 持这股涨势的关键因素。 同时，渣打上调美国股票至小幅超配。渣打分析指出，市场已经过度抛售美国资产，然而，渣打将继续分散投 资于各主要地区。亚洲（除日本）市场超配中国股票，这是由于当局推出刺激政策及美元走软。 此外，渣打下调黄金至核心持仓，渣打预计，未来将有一段时间的整固。优质债券在现今收益率高企的情况下 仍然吸引。 汇丰：波动中把握亚洲结构性机遇 汇丰环球私人银行及财富管理中国首席投资总监匡正表示，从全球市场来看，过去几个月，美国关税战引发全 球多个资 ...

Core Insights - In 2024, China's outbound direct investment increased by 10.1%, reaching $162.78 billion, driven by the growing demand for cross-border capital management and global asset allocation among the wealthy class [1] - A recent report by Standard Chartered Bank highlights that nearly 90% of respondents have held international bank accounts for at least three years, with over 80% of those without accounts planning to open one within the next year [1][3] - The report identifies three major pain points for wealthy individuals and entrepreneurs in accessing international banking services: language and communication barriers, quality of offline customer service, and the separation of commercial and personal banking services [1][4] Group 1: Demand for International Banking Services - The demand for international banking services among China's wealthy class is robust and continuously evolving, with a significant portion of respondents seeking more diversified wealth management solutions [4][8] - Approximately 24% of respondents expressed a desire for banks to offer a wider variety of investment options [4] - The survey indicates that 35% of mainland entrepreneurs are already operating in international markets, and 49% plan to expand internationally within the next 6-12 months [8] Group 2: Pain Points in International Banking - Language and communication issues are a significant barrier, affecting 25% of respondents, with the problem being more pronounced in the Greater Bay Area, where 30% reported difficulties [4][5] - Over 50% of respondents from mainland China and the Greater Bay Area rely on relationship managers for information when considering international banking services, highlighting the importance of quality offline customer service [5][6] - A notable 95% of entrepreneur respondents consider tax and legal advisory services as core needs, yet only 43% are very satisfied with the current offerings [9] Group 3: Solutions and Innovations - Standard Chartered Bank has implemented solutions to address these pain points, including a dedicated team of international banking relationship managers fluent in Cantonese and Mandarin, familiar with Chinese culture [5][7] - The bank has launched the "Enterprise Outbound Butler" service in the Greater Bay Area, providing tailored support for business owners venturing abroad [2][9] - The integration of corporate and personal financial services is being emphasized to meet the overlapping needs of entrepreneurs, with a focus on comprehensive financial management [9][10]

Group 1: Major Contracts and Financial Performance - China Railway Group (00390.HK) recently won multiple major engineering contracts with a total bid amount of approximately RMB 91.2 billion, accounting for about 8.52% of the company's revenue under Chinese accounting standards for 2021 [1] - China People's Insurance Group (01339.HK) reported a total insurance premium income of RMB 452.46 billion from January to August 2022, representing a year-on-year growth of 9.89% [2] - China Coal Energy (01898.HK) announced that its coal sales volume in August reached 25.96 million tons, a year-on-year increase of 1.3%, while coal production was 10.92 million tons, up 22.3% year-on-year [3] Group 2: Share Buybacks and Stake Increases - Bohai Bank (09668.HK) announced that several employees plan to voluntarily purchase at least 25 million H-shares using their own funds, reflecting confidence in the bank's long-term business development [4] - China Communications Construction (01800.HK) disclosed that its controlling shareholder has cumulatively increased its stake by approximately 264.47 million H-shares, representing 1.64% of the company's total issued shares [5] - Shougang Holding (00697.HK) reported that its major shareholder has entered into an agreement to sell 728 million shares to Beijing Guoguan Investment Holdings, which will acquire about 10% of the company's total issued shares [6] Group 3: Market Activities and Corporate Actions - Jianye Real Estate (00832.HK) announced plans to repurchase shares in the open market based on market conditions [7] - China Pacific Insurance (02601.HK) reported cumulative original insurance business income of RMB 290.9 billion from January to August [8] - China Property & Casualty Insurance (02328.HK) reported a premium income of RMB 340.25 billion from January to August, reflecting a year-on-year growth of 9.8% [9]

在全球经济格局复杂多变、贸易政策风云变幻的背景下，投资市场的不确定性无疑又增添了几分。近 期，汇丰、渣打以及华侨银行等多家外资机构纷纷发布了对三季度投资的展望。整体来看，三季度的投 资市场仍然充满挑战与机遇。多家外资机构在投资策略中提示，需密切关注贸易政策、地缘政治等因素 的变化，采用多元资产和主动策略管理风险，加强投资组合的韧性，在波动中寻找合适的投资机会。在 地域配置上，汇丰仍维持地域多元化的投资策略。在亚洲，汇丰看好中国、印度及新加坡等展现出经济 韧性的市场。"中国及亚洲其他地区的专业制造业技术能力集中，不易被取代，中国经济的韧性及结构 性增长机遇依然明显。"(人民财讯) ...

在全球经济格局复杂多变、贸易政策风云变幻的背景下，投资市场的不确定性无疑又增添了几分。近 期，汇丰、渣打以及华侨银行等多家外资机构纷纷发布了对三季度投资的展望。 整体来看，三季度的投资市场仍然充满挑战与机遇。多家外资机构在投资策略中提示，需密切关注贸易 政策、地缘政治等因素的变化，采用多元资产和主动策略管理风险，加强投资组合的韧性，在波动中寻 找合适的投资机会。 渣打： 汇丰： 把握亚洲市场结构性机遇 近日，汇丰环球私人银行及财富管理中国首席投资总监匡正认为，从全球市场来看，过去几个月，美国 贸易关税引发全球多个资产类别波动加剧，但亚洲市场凭借稳健的结构性增长及多元化的本地机遇，整 体表现较好，有望抵销关税带来的部分影响。 在地域配置上，汇丰仍维持地域多元化的投资策略。在亚洲，汇丰看好中国、印度及新加坡等展现出经 济韧性的市场。"中国及亚洲其他地区的专业制造业技术能力集中，不易被取代，中国经济的韧性及结 构性增长机遇依然明显。"匡正表示，与此同时，印度股市虽可能因地缘政治冲突而加剧短期波动，但 或仍将受益于数字化进程及政府对制造业的关注；在不确定的贸易局势中，新加坡所受的影响程度则相 对轻微。 亚洲市场之外， ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 渣打集團有限公司 呈交日期： 2025年6月6日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02888 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | | 佔有關事件前 ...

Core Viewpoint - The global trade landscape and the internationalization of currencies are critical factors influencing world economic development, especially amid the complexities of the current international trade environment [1]. Group 1: Trade Outlook - HSBC's recent trade outlook survey indicates that global companies are facing rising costs and declining revenues due to ongoing uncertainties in tariffs and trade policies, prompting them to adjust their trade strategies [2][3]. - China remains the primary market for global companies looking to increase trade relations, with 44% of surveyed companies planning to enhance trade with China, followed closely by Europe (43%) and the United States (39%) [3]. - In terms of manufacturing, 40% of global companies plan to increase production in China over the next two years, second only to Europe at 45% [3]. Group 2: Regional Insights - Asian companies show a higher inclination to increase trade with China (54%) and manufacturing in China (52%) compared to the global average [3]. - HSBC's CEO in China noted that global trade disruptions caused by tariffs have significantly impacted business activities, leading companies to explore new markets and improve supply chain management [3][4]. Group 3: Innovation and Growth - Despite facing trade headwinds, 89% of global companies remain optimistic about achieving international business growth in the next two years, including 90% of Chinese companies [5]. - Over 84% of Chinese companies view current pressures as catalysts for innovation, prompting them to seek new opportunities, such as expanding into overseas markets (85%) and increasing domestic sales (81%) [5]. Group 4: Cost and Revenue Impact - Approximately two-thirds of global companies report being affected by rising costs, with 73% expecting short-term cost increases and 72% anticipating long-term increases [6]. - To cope with cost pressures, 85% of surveyed companies have already raised or plan to raise their prices, with an average expected revenue decline of 18% over the next two years [6]. Group 5: Renminbi Internationalization - Standard Chartered's Renminbi Global Index (RGI) has shown a continuous upward trend, reaching a high of 5167, with an 8.3% increase since the beginning of the year [7]. - The stability of Renminbi in trade settlements, maintaining a 30.2% share in China's total goods trade, reflects its resilience in global trade despite tariff disruptions [7][8]. - Key positive factors for the internationalization of the Renminbi include the absence of significant depreciation and the lack of a substantial decline in global trade flows [8].